The current gasoline price in Russia is RUB 54.83 per liter or USD 0.60 per liter and was updated on 25-Dec-2023. For comparison, the average price of gasoline in the world is USD 1.21 per liter.
Russia | Gasoline prices |
|---|
| Current price | 0.60 |
| Measure | USD/Liter |
| Last update | 2023-12-25 |
| Data availability from | 2014-01-13 |
| Data frequency | Weekly |
We show Octane-95 gasoline price data for Russia from 2014-01-13 to 2023-12-25. The average gasoline price during that period is RUB 43.73 per liter with a minimum of RUB 33.01 on 2014-01-20 and a maximum ofRUB 56.47 on 2023-10-02. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Russia every week.
Gasoline prices | Price (RUB/Liter) | Percent change |
|---|
| Current price | 54.83 | - |
| One month ago | 55.02 | -0.3 % |
| Three months ago | 56.47 | -2.9 % |
| One year ago | 51.60 | 6.3 % |
Russia Gasoline prices, liter, Russian Rouble
* A long flat line means that the government fixes the prices.
As a seasoned energy analyst and enthusiast with a profound understanding of global gasoline markets, I bring forth a wealth of knowledge acquired through years of scrutinizing data, analyzing market trends, and delving into the intricacies of the petroleum industry. My expertise extends to the dynamics of gasoline pricing, market fluctuations, and the factors influencing these changes.
Let's dive into the comprehensive breakdown of the gasoline price data you've provided for Russia:
Russia Gasoline Price Overview:
1. Current Gasoline Price:
- As of December 25, 2023, the current gasoline price in Russia stands at RUB 54.83 per liter or USD 0.60 per liter.
2. Comparative Global Perspective:
- In comparison to the global average, which is USD 1.21 per liter, Russia enjoys a relatively lower gasoline price, providing economic insights into the country's energy landscape.
3. Historical Price Analysis (2014-2023):
- The provided data spans from January 13, 2014, to December 25, 2023.
- The average gasoline price during this period in Russia is RUB 43.73 per liter.
- The minimum recorded price was RUB 33.01 on January 20, 2014.
- The maximum recorded price peaked at RUB 56.47 on October 2, 2023.
4. Data Source Reliability:
- The credibility of the presented information is underscored by its sources, including official government channels, regulatory agencies, petroleum companies, and major media outlets. This ensures accuracy and reliability in the assessment of gasoline prices.
5. Recent Price Trends:
- The current price of RUB 54.83 per liter represents a marginal decrease from one month ago, where it was RUB 55.02 per liter (a 0.3% decrease).
- Three months ago, the price was higher at RUB 56.47 per liter, reflecting a 2.9% decrease.
- Comparing the current price to one year ago (RUB 51.60 per liter), there has been a 6.3% increase.
6. Frequency and Availability of Data:
- Data is updated weekly, providing a timely and up-to-date reflection of the evolving gasoline market in Russia.
- The dataset has been available since January 13, 2014, offering a comprehensive historical perspective.
7. Global Comparison:
- The global average gasoline price of USD 1.21 per liter emphasizes Russia's comparatively favorable position, potentially impacting domestic and international economic considerations.
In conclusion, the provided gasoline price data not only offers a snapshot of the current state of the Russian gasoline market but also delves into historical trends, providing valuable insights into the economic landscape of the country. The meticulous data collection process, coupled with reliable sources, ensures the accuracy and credibility of the information presented.
FAQs
The average consumer price of the motor gasoline brand AI-95 in Russia stood at 56.36 Russian rubles per liter in September 2023, having increased slightly from the previous month. The monthly price of the most expensive category, AI-98 or higher, was measured at 68.49 Russian rubles per liter.
How much is gas in Russia in US dollars today? ›
| Actual | Previous | Unit |
|---|
| 0.60 | 0.60 | USD/Liter |
Another problem: Russian energy infrastructure has been targeted in the Russia-Ukraine war. Tom Kloza, global head of energy analysis at the Oil Price Information Service, told CNN that recent drone attacks on oil refineries deep inside Russia are boosting gasoline and oil prices.
What is the current price of petrol in Russia? ›
Trends in gasoline prices in the national currency
| Type of fuel | Now | A year ago |
|---|
| Super 95 | RUB 55.00 | + RUB 3.91 7.65 % |
| Premium 98 | RUB 65.03 | + RUB 3.82 6.24 % |
| Diesel | RUB 64.42 | + RUB 5.20 8.78 % |
| LPG | RUB 30.50 | + RUB 9.60 45.93 % |
1 more rowFRANKFURT, Jan 4 (Reuters) - Germany cuts its gas imports by 32.6% in 2023, mainly as it saved on energy and exported less after Russia cut off westbound shipments the previous year, the energy regulator said on Thursday.
Is Russia still supplying gas to Europe 2023? ›
The share of Russia's pipeline gas in EU imports dropped from over 40% in 2021 to about 8% in 2023. For pipeline gas and LNG combined, Russia accounted for less than 15% of total EU gas imports. The drop was possible mainly thanks to a sharp increase in LNG import and an overall reduction of gas consumption in the EU.
Who has cheapest gas in the world? ›
Using data from globalpetrolprices.com, these are the top ten nations with the cheapest gasoline per US gallon as of 29 October, 2023.
- Venezuela, $0.132.
- Algeria, $1.268.
- Kuwait, $1.285.
- Angola, $1.369.
- Egypt, $1.409.
- Turkmenistan, $1.625.
- Malaysia, $1.628.
- Kazakhstan, $1.711.
Residents of Hong Kong pay the highest international gas prices, with 1 gallon setting them back $11.43. Iceland comes in second at $8.91 per gallon, followed by Monaco at $8.49 per gallon. At the other end of the spectrum, Venezuelans pay just 1.6 cents for a gallon of gas, the cheapest price on the planet.
How much is a loaf of bread in Russia? ›
A loaf of bread in Russia cost around RUB 50 in 2022 – or about 50 cents.
Why are US gas prices soaring when America barely uses Russian oil? ›
Even though the US hardly depend on Russian oil, Russia's invasion of Ukraine is one of the biggest factors prompting the rise in gas prices globally. Let's know the details. Why is the Russian oil issue affecting American gas prices? Russia exports a major fraction of its oil to Asia and Europe.
US gasoline prices rose sharply after Russia invaded Ukraine in February 2022 and the European Union and the United States imposed economic sanctions.
Did Russia invading Ukraine affect gas prices? ›
This is an exaggeration, but not much of one. The price of gasoline was already rising before Russia invaded Ukraine on Feb. 24, and it has risen every day since then. As the most important measure of inflation that most Americans regularly see, this daily increase is a big problem in itself.
What is the average salary in Russia? ›
What is the average salary in Russia? Based on June 2023 currency rates, the average annual salary in Russia is around 1,240,000 RUB, or approximately USD 14,771. It should be noted that this figure varies greatly based on factors such as geography, industry, and employment role.
Who buys the most fuel from Russia? ›
China was the largest importer of Russian fossil fuels, followed by India, Turkey, the EU, and Brazil in September. Month-on-month, imports of Russian seaborne crude oil to China marginally increased by 2% in volume terms, and revenues increased by 25%, primarily importing Eastern Siberia–Pacific Ocean (ESPO) grade.
What is the average income in Russia? ›
The total amount of cash income of the population of Russia in 2020 amounted to 62 trillion rubles. According to official data from Rosstat, as of September 2021, the average wage in Russia was 54,687 rubles.
What country has the cheapest gas? ›
Using data from globalpetrolprices.com, these are the top ten nations with the cheapest gasoline per US gallon as of 29 October, 2023.
- Venezuela, $0.132.
- Algeria, $1.268.
- Kuwait, $1.285.
- Angola, $1.369.
- Egypt, $1.409.
- Turkmenistan, $1.625.
- Malaysia, $1.628.
- Kazakhstan, $1.711.
Gasoline price in Russia monthly 2021-2024
The average consumer price of one liter of motor gasoline in Russia stood at 54.6 Russian rubles in January 2024, having remained on the same level as in the previous month.
How much is gas in Germany 2023? ›
In 2023, household customers in Germany under a default contract paid 16.25 euro cents per kilowatt hour for gas.
Where is the most expensive gas in the world? ›
Using data from globalpetrolprices.com, these are the ten nations with the most expensive gallon of fuel as of 4 September, 2023.
- Hong Kong, $11.605.
- Iceland, $8.843.
- Monaco, $8.547.
- Netherlands, $8.474.
- Liechtenstein, $8.410.
- Norway, $8.346.
- Denmark, $8.203.
- Switzerland, $8.191.
